Bye-law 2, Insurance Regulatory and Development Authority of India (Forms of The distribution of micro-insurance products) Bye-laws, 2016 [S87-5SR]

As at 7 September 2026. In force from 7 June 2016.

In Insurance Regulatory and Development Authority of India (Forms of The distribution of micro-insurance products) Bye-laws, 2016 [R1B-NGE]. This text from 7 June 2016. No other text held.

Synthetic. This instrument, its title, its number and the words of this section are generated by the register.

Cite: Bye-law 2, Insurance Regulatory and Development Authority of India (Forms of The distribution of micro-insurance products) Bye-laws, 2016 [S87-5SR]. Machine: S87-5SR.

Definitions.—In these bye-laws, unless the context otherwise requires,— (a) "Act" means the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999); (b) "micro-insurance agent" means a person carrying on the distribution of micro-insurance products; (c) "premium" means a premium received, held or disposed of by a micro-insurance agent in the course of the distribution of micro-insurance products; (d) "Form IRDA-4" means the form so numbered in the Schedule; (e) words and expressions used herein and not defined but defined in the Act shall have the meanings respectively assigned to them in the Act.

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